We use Amazon most, but reports show that Flipkart is India's largest e-comm platform with a 48% market share. In terms of user growth, Meesho leads with 32% growth, while Amazon grew only about 13% last year. While Amazon India focuses more on fast delivery and premiumization, Meesho focuses on competitive prices. Flipkart's shopsy also focuses on a similar segment. Looking at the scenario, Amazon is launching a new marketplace called Amazon Bazaar. This will focus more on value-conscious customers. All the items sold via Bazaar will be priced under Rs 600. I think that Meesho did the market research, and Amazon will simply take over. This is why market dominance plays a huge role. What do you think?
Budget Ecom will rarely have loyalty factor. Lower price is where consumer goes. U see meesho/flipkart ; while pricing is very competitive, half the times the products are not as expected wrt quality. Amazon has that trust and reliability when it comes to electronics and costly products, adding “bazaar” may have ill impact on the brand positioning.
Why do I think I have heard a similar story, Phonepe taking over the market, that Paytm created :)
Along with that, the deep pockets that Amazon has, bet on India story, a factor too.
Having a lot of cash at your disposal gives you an advantage over others. Amazon is sitting on huge cash reserves which it can leverage anytime to their advantage Vanshika Jindal
Great share
Waiting for these apps to launch Chor Bazaar :) Vanshika Jindal
I don’t think amazon will take over Meesho! The price difference bw same product is huge!
Market dominance do play a big role, and people go for trust even over price Vanshika !
Soo truee!! Vanshika Jindal Brand name and customer loyalty goes a long way in motivating sales for a product, and that combined with the deep pockets Amazon has to push the marketing for this new venture makes the success of Amazon Bazaar an inevitability
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